Ferrari 250 GTO auctioned for 38 million dollars

Do you remember the Ferrari 250 GTO that was showcased in BBC Top Gear as one of the most expensive cars in the world? Well, now that same car at the Bonhams auction, shattered records as the 1962 Ferrari 250 GTO, chassis number 3851 GT, was sold for $38,115,000 US Dollars. This is the most ever paid for an automobile at auction, underscoring the unrivaled desirability for Ferrari in the collector car market and the continued dominance of the brand at auctions worldwide.

This Ferrari 250 GTO is now, effectively, the most valuable and coveted car in the world. There are more Ferrari GTO and the most recent one is the 599 GTO, that is evolved from the 599 GTB Fiorano. This car was the 19th Ferrari GTO to be completed and was invoiced on September 11, 1962. It was originally finished in metallic pale grey with lengthwise red, white and blue centerline stripes when acquired by its first owner, French privateer Jo Schlesser, who was also a Formula 1 driver.  Its last owner was Italian Fabrizio Violati and the car was part of his Collezione Maranello Rosso.

No other mark is commanding attention and achieving such spectacular values so far in Monterey like Ferrari, with total Ferrari sales at Bonhams totaling just under $65 Million USD. The 1962 Ferrari 250 GTO has broken all the price records at this auction, making it the most priced automobile in the history of mankind. There were some other additional notable sales in this auction, these include:

1958 Ferrari 250 GT Series 1 Cabriolet – $6,820,000 USD

1953 Ferrari 250 Mille Miglia Berlinetta – $7,260,000 USD

1969 Ferrari 365 GTB/4 ‘Daytona’ Berlinetta Competizione – $935,000 USD

1962 Ferrari 250 GT Short-Wheelbase Speciale Aerodinamica – $6,875,000 USD

1978 Ferrari 312 T3 Formula 1 Racing Single-Seater – $2,310,000 USD